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Showing 1 - 8 of 8 results for "Construction PMI"

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... "Worrying signals from the survey's forward-looking indicators make it almost impossible to sugarcoat the Construction PMI data in June. In particular, new orders dropped to the largest extent for just over 10 years, while demand for construction ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... in October from 52.1 in the previous month for its fourth straight month of slowdown. October figures for the construction PMI are not yet available but this too has slowed from a reading of 60.5 in July to 55.3 in August and 54.7 in September. Consensus ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 3 NOV 2016
... year to September following August's 6.1% drop and marking the fourth consecutive month of year-on-year fall. UK construction PMI The Markit/CIPS UK construction PMI rose to its best level since March this year, up to a reading of 52.6 in October from ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2016
... record low interest rates. Consumer spending remains cautious however, so not all sub-sectors are flourishing". UK construction PMI The Markit/Chartered Institute of Procurement and Supply (CIPS) UK construction PMI rose to 52.3 in September from 49.2 ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
... reported earlier - showing factory activity index rising to 51.8 in June from 51.0 in the previous month. UK construction PMI No surprises here. Brexit uncertainty has pulled down the Markit/CIPS UK Construction PMI down to a reading of 46 in June from ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
... 8-month high Business confidence at highest level for just over nine years, despite growth slowdown in March [construction PMI] UK services growth accelerates in March - "Strongest rate of growth since August 2014" This positive momentum in UK economic ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
... labour market. The jobs component of the manufacturing PMI rose to 39-month high in June, employment growth in the construction PMI surged to their fastest pace on record since the survey started in April 1997. Similarly, the services PMI showed a record ...

BOE has a problem to smile about

BENJAMIN ONG  |  WEDNESDAY, 9 APR 2014
... manufacturing slowed in March from February but at 55.3 remains far above its long term average of 51.4. While the construction PMI also eased in March, the index had been at above 50 for 11 months straight and the reading of 62.5 remains at the highs ...
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